A, B, and C invest in a business in the ratio of 3:4:5. If the total profit is $

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Question: A, B, and C invest in a business in the ratio of 3:4:5. If the total profit is $240,000, how much does C receive?

Options:

Correct Answer: $100,000

Solution:

Total parts = 3 + 4 + 5 = 12. C\'s share = (5/12) * 240000 = $100,000.

A, B, and C invest in a business in the ratio of 3:4:5. If the total profit is $240,000, how much does C receive?

A, B, and C invest in a business in the ratio of 3:4:5. If the total profit is $240,000, how much does C receive?

Step 1: Identify the investment ratio of A, B, and C, which is 3:4:5.
Step 2: Add the parts of the ratio together: 3 + 4 + 5 = 12.
Step 3: Determine C's part of the ratio, which is 5.
Step 4: Calculate C's share of the total profit by using the formula: (C's part / total parts) * total profit.
Step 5: Substitute the values into the formula: (5/12) * 240000.
Step 6: Perform the calculation: 5 * 240000 = 1200000, then divide by 12 to get 100000.
Step 7: Conclude that C receives $100,000.

Ratio and Proportion – Understanding how to divide profits based on the ratio of investments.
Basic Arithmetic – Performing addition and multiplication to calculate shares.